RBSIX vs. RUSIX

Last updated Jun 23, 2026

RBSIX (RBC BlueBay Strategic Income Fund) and RUSIX (RBC Ultra-Short Fixed Income Fund) are both mutual funds - RBSIX is a Nontraditional Bonds fund managed by RBC Global Asset Management., while RUSIX is a Ultrashort Bond fund managed by RBC Global Asset Management.. Over the past 3 years, RBSIX returned 7.58%/yr vs 6.00%/yr for RUSIX. At a 0.16 correlation, their price movements are largely independent. RBSIX charges 0.63%/yr vs 0.48%/yr for RUSIX.

Performance

RBSIX vs. RUSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC BlueBay Strategic Income Fund (RBSIX) and RBC Ultra-Short Fixed Income Fund (RUSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RBSIX achieves a 1.03% return, which is significantly lower than RUSIX's 1.22% return.

RBSIX

• 1D: 0.00%
• 1M: 0.07%
• YTD: 1.03%
• 6M: 1.13%
• 1Y: 5.32%
• 3Y*: 7.58%
• 5Y*: —
• 10Y*: —

RUSIX

• 1D: 0.00%
• 1M: 0.26%
• YTD: 1.22%
• 6M: 1.60%
• 1Y: 3.82%
• 3Y*: 6.00%
• 5Y*: 3.76%
• 10Y*: 3.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RBSIX vs. RUSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RBSIX RBC BlueBay Strategic Income Fund	1.03%	5.50%	9.33%	9.74%	0.35%	-0.21%
RUSIX RBC Ultra-Short Fixed Income Fund	1.22%	4.53%	6.78%	8.13%	-1.43%	-0.15%

Correlation

The correlation between RBSIX and RUSIX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021	0.16

The correlation between RBSIX and RUSIX shifts across timeframes, from 0.14 (1 year) to 0.29 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RBSIX vs. RUSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RBSIX

RBSIX Risk / Return Rank: 91
RBSIX Sharpe Ratio Rank: 98
RBSIX Sortino Ratio Rank: 98
RBSIX Omega Ratio Rank: 97
RBSIX Calmar Ratio Rank: 86
RBSIX Martin Ratio Rank: 75

RUSIX

RUSIX Risk / Return Rank: 96
RUSIX Sharpe Ratio Rank: 87
RUSIX Sortino Ratio Rank: 98
RUSIX Omega Ratio Rank: 98
RUSIX Calmar Ratio Rank: 99
RUSIX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RBSIX vs. RUSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay Strategic Income Fund (RBSIX) and RBC Ultra-Short Fixed Income Fund (RUSIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RBSIX	RUSIX	Difference
Sharpe ratio: Return per unit of total volatility	3.53	2.64	+0.90
Sortino ratio: Return per unit of downside risk	5.78	6.15	-0.37
Omega ratio: Gain probability vs. loss probability	1.87	2.45	-0.58
Calmar ratio: Return relative to maximum drawdown	3.91	9.70	-5.79
Martin ratio: Return relative to average drawdown	13.22	31.57	-18.35

RBSIX vs. RUSIX - Sharpe Ratio Comparison

The current RBSIX Sharpe Ratio is 3.53, which is higher than the RUSIX Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of RBSIX and RUSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RBSIX vs. RUSIX - Drawdown Comparison

The maximum RBSIX drawdown since its inception was -4.09%, smaller than the maximum RUSIX drawdown of -5.60%. Use the drawdown chart below to compare losses from any high point for RBSIX and RUSIX.

Drawdown Indicators

	RBSIX	RUSIX	Difference
Max Drawdown Largest peak-to-trough decline	-4.09%	-5.60%	+1.51%
Max Drawdown (1Y) Largest decline over 1 year	-1.37%	-0.40%	-0.97%
Max Drawdown (3Y) Largest decline over 3 years	-4.09%	-0.40%	-3.69%
Max Drawdown (5Y) Largest decline over 5 years	—	-3.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.60%	—
Current Drawdown Current decline from peak	-0.22%	-0.20%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.77%	-0.34%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	0.12%	+0.28%

Volatility

RBSIX vs. RUSIX - Volatility Comparison

The current volatility for RBC BlueBay Strategic Income Fund (RBSIX) is 0.36%, while RBC Ultra-Short Fixed Income Fund (RUSIX) has a volatility of 0.43%. This indicates that RBSIX experiences smaller price fluctuations and is considered to be less risky than RUSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBSIX	RUSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.36%	0.43%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	1.09%	0.99%	+0.10%
Volatility (1Y) Calculated over the trailing 1-year period	1.52%	1.46%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.52%	1.53%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	1.47%	+2.05%

RBSIX vs. RUSIX - Expense Ratio Comparison

RBSIX has a 0.63% expense ratio, which is higher than RUSIX's 0.48% expense ratio.

Dividends

RBSIX vs. RUSIX - Dividend Comparison

RBSIX's dividend yield for the trailing twelve months is around 5.84%, more than RUSIX's 4.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RBSIX RBC BlueBay Strategic Income Fund	5.84%	5.31%	4.46%	7.65%	5.37%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RUSIX RBC Ultra-Short Fixed Income Fund	4.26%	4.33%	4.61%	4.64%	2.37%	0.91%	1.82%	2.76%	2.41%	1.83%	1.57%	1.42%

Frequently Asked Questions

Can I hold both RBSIX and RUSIX in my portfolio?

RBSIX and RUSIX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RBSIX or RUSIX?

RUSIX has higher volatility (0.43%) compared to RBSIX (0.36%). In terms of maximum drawdown, RBSIX dropped -4.09% vs RUSIX's -5.60%.

Which has better risk-adjusted returns?

RBSIX currently has the higher Sharpe Ratio (3.53 vs 2.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.